Simpson Spence Young stands out as the world’s largest independent broker.  We are objective and autonomous with the scale and coverage to service the most demanding clients and volatile markets across the globe. As a privately owned partnership, we are focused entirely on the needs of our clients, and are agile and impartial in the way we do business.

We were established in 1880 by Ernest Simpson, Lewis Spence and Captain William Young, and have been growing, evolving, and adapting ever since.

All partners work in the firm, and concentrate on both their specialist areas of operation and the complete needs of clients. Simpson Spence Young’s comprehensive and integrated set of services help to manage risk and maximise reward in shipping and trading. We have experts and teams working in long established areas of shipbroking; dry cargo chartering, tanker chartering, and ship sale and purchase. In addition we have specialist teams in the chemical, gas, agency and towage sectors, and are constantly expanding our horizons in line with the dynamic world of shipping and trading.

Simpson Spence Young operates from 17 offices across the globe and employs over  400 people. Covering all the major shipping and commodity locations, and providing a round the clock service. Both our London and Singapore hubs employ over 100 people and we have expanded our North American presence with new offices in Long Island, Miami and Houston to add to our bases in Connecticut and Vancouver.

About Us

As trusted and long established shipbrokers we work with the largest and most demanding of global clients in the shipping and investment communities. We directly represent both major industrial charterers and ship owners as well as Banks and Hedge Funds. Our brokers are panellists and contributors to all Baltic Exchange indices.

Simpson Spence Young has a solid reputation, a long-standing wealth of experience, and a dynamic future, built on agile responses to ever changing market conditions.

From its beginnings as an innovator and founding developer of the Forward Freight Agreement market, SSY Futures Ltd, our specialist in-house derivatives brokerage has grown to cover not only freight but also iron ore, coking coal, and steels.

Furthermore, we support the training and development of people in our industry via our  e-learning courses, delivered via “My Coracle”.

Our advice and insights are supported and informed by our well-respected Research Department, which gathers and analyses global data and turns it into actionable information for the whole of Simpson Spence Young and its many clients. We supply the industry with information via the leading news vendors and publications, and publish regular reports, which are regarded as authoritative barometers of the industry. Our Research Department also undertakes bespoke consultancy and reporting for clients who wish to manage risk and make better informed decisions.